Binance Coin Price Analysis for February 10: BNB Near Support as Downside Risks Grow

BNB slips nearly 2% to around $621.26 with local support at $613.80; a break below $601 could open a path toward $550, while a bounce may limit near-term losses.

Rich by Coin

2026-02-10

The rate of Binance Coin (BNB) has dropped by almost 2% since yesterday. BNB is trading at $621.26 at press time. On the hourly chart, the price of BNB is near the local support at $613.80.

If buyers cannot seize the initiative and the bounce back does not happen until the end of the day, traders may expect a test of the $610 mark tomorrow. From the midterm point of view, sellers are also more powerful than buyers. If the weekly bar closes below $601, there is chance to witness a sharp drop to the $550 zone soon. If a breakout occurs, the accumulated energy might be enough for a further drop to the nearest support at $601.